Foley Concedes in Conn. Gov's Race

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Connecticut Republican Gubernatorial candidate Tom Foley explains to supporters in Greenwich, Conn., Wednesdahy Nov. 3, 2010 that final results in the Connecticut race will not be finalized until later in the morning Wednesday at the earliest. (AP Photo/Fred Beckham)

Updated at 2:28 PM EDT on Monday, Nov 8, 2010

The Republican candidate for governor of Connecticut, Tom Foley, has conceded to Democrat Dan Malloy after a heated and very close race for the state's top executive seat.

In a press conference today, Foley announced his concession said will be "congratulating " Malloy and "wishes him the best" in office.

Faces of the Governor's Election

Problems arose in Bridgeport, where several poll locations ran out of ballots on Tuesday and some people voted on photocopied ballots. Foley, the Republican candidate, has questioned the results.

On Monday afternoon, he will provide an update on what his campaign has said it uncovered over the weekend and how he plans to proceed.

On Friday, Bysiewicz released the official results from the general election for governor and said Malloy won with 566,498 votes, which is 5,637 more votes than Foley’s 560,861.

Malloy received 540,505 votes on the Democratic party line and another 25,993 votes on the Working Families party line.

Bysiewicz, a Democrat, said there will be no statewide recount because the difference is more than 2,000 votes – the number needed to trigger an automatic statewide recount.

Over the weekend, lawyers for the Republican party reviewed information from the election and said it was more "fouled up" than previously thought.

On Sunday, a small gathering of protestors met outside the office of the registrar of voters in Bridgeport to voice their concerns over the ballot blunder. They said the election was completely mismanaged, from the photocopying of ballots to extending voting hours for an extra two hours.

"The registrar of voters have had two years to prepare for this election. And there seems to be nothing but chaos," Rosemary Cafarelli said.

Lawmakers are now looking at possible changes to avoid another ballot shortage and Bridgeport Mayor Bill Finch has appointed a three-member panel to look into what happened.